The Mortgage Repricing Wall and the 90,000 Sales Floor
About this episode
The episode discusses the significant changes in mortgage interest rates and their impact on New Zealand's property market.
Send us a question/idea/opinion direct via text message! The tide has officially turned for mortgage interest rates. Following the Reserve Bank's razor-edge split decision to hold the OCR last week, borrowers are hitting a major structural shift. An estimated 40% of all New Zealand mortgage debt is exposed to repricing in the next six months alone - shifting from a mindset of two years of falling rates straight into a rising rate wall. This week, Nick Goodall and Kelvin Davidson analyse the m...
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